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Property profile & analytics
OFF-MARKET
Industrial properties
21 Wilbraham St, Palmer, MA 01069-9605
Entity Owned
3-yr Hold
Free & Clear
Property ID
US38-1209913
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
48.18 ac (2,098,721 SF)
Zoning code
IA
APN
PALM M:12 B:23
UPID
US38-1209913
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
NBE Electrical Contractors, Inc. Electrical Service General Contractor
-
Special Tees Shamrock Sales (Bike/Boat/Book/etc) Store Printing Service
-
Mass Commercial Inspections (Commercial Vehicles only) Vehicle Inspection Center
-
DynaSolv Powder Coating Service
-
Reflexions By Renee' Events & Floral Design Co. Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ham IV Realty LLC · 3 yrs held
Ham IV Realty LLC
since 2023
Last sale
$320,000
4 recorded transactions
Zoning & alternative use
IA · Palmer, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palmer submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$36,057
Tax year 2024
Assessed value
$1,931,300
Assessed 2024
Previous assessed
$1,931,300
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$1,572,100
Assessed improvement
$359,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
5
Lot
48.18 ac (2,098,721 SF)
Zoning code
IA
APN
PALM M:12 B:23
UPID
US38-1209913
Jurisdiction
PALMER
Zoning & alternative use
IA · Palmer, MA
Zoning IA · permitted uses
IA · Palmer, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmer. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
5
Lot
48.18 ac
Current owner
From public records · entity-resolved
Ham IV Realty LLC
Entity
Free & Clear · 3 yrs held
Mailing address
21 WILBRAHAM ST, PALMER, MA 01069-9605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2024
—
Palmer-mapletree LLC
—
Deed
related
$2,763,750 · Florence Bank
Feb 24, 2023
$320,000
Ham IV Realty LLC
Edward R Greenbaum
Quit Claim Arm's Length For Ne States
—
Jun 1, 2022
—
Edward R Greenbaum
—
Deed
related
$57,800 · Anne Riener
—
—
Palmer-mapletree LLC
—
Deed Of Trust
related
$1,750,000 · Natixis R/e Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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